NEW TENANCIES TO SECURE WODONGA PLAZA AS LOCAL COMMUNITY HUB

M / Assets

17 May 2018

Wodonga Plaza has released information and imagery on its pending transformation, with news that Wodonga’s first ever food court is fully-tenanted and will create a community meeting place that seats up to 140 people and a recharge station.

The food court will expand on the shopping centre’s existing food offer with three new tenants, including Ichiban Sushi, Sandwich Chef and Kebab Kings

It is scheduled to open shortly after the highly anticipated launch of Best & Less, which will arrive at the Centre on 24th May 2018.

Mr James Collis from centre owner M/Group, said the activity will be the first time the community will get to experience the benefits of the company’s $2million investment. He said the refurbishment will create a much more workable and flexible space, with more announcements to be made in the coming weeks.

“We came into Wodonga to activate this amazing community space and introduce new life into an environment that has endured over decades as a community hub,” he said.

“A great deal of work has been done in securing the right tenancies to provide the local community with a great retail experience. We believe we have got the mix right and very much look forward to delivering on our promise to create something very special for this tight-knit community.”

M/Group is a boutique property company that has made a name for itself throughout Western Australia for identifying property opportunities and using its internal resources in land, residential, construction and assets management to activate and introduce new life into environments.

In addition to the new food and retail offer at Wodonga Plaza, the company is in the final stages of negotiation for a number of fashion tenancies, which will complement the extended leases of existing outlets and secure the shopping centre’s position as a key fashion destination.

Centre Manager, Ms Cherie Daly, said the community response to the changes taking place have been outstanding. She believes the renewed environment will attract more families to enjoy the centre and everything it has to offer as a community hub.

“This is a massive investment for Wodonga, and I think M/Group’s commitment to the community has not been missed on anyone,” she said.

“The Centre continues its great family entertainment program and on completion of the refurbishment works, we will have announced a number of national and boutique retailers. Wodonga Plaza will be completely tenanted and it is a credit to our community for attracting the caliber of retail we will have on offer.

“We thank everyone for their patience during the construction phase and look forward to your support when the doors open to a renewed environment.”

Wodonga Plaza is the site of the region’s original stock sale yard and continues to hold onto its role as a local community hub.

Construction on the site is scheduled for completion around August/September with more announcements to be made in the coming weeks.

The community is invited to follow the Wodonga Plaza Facebook Page and/or subscribe to its newsletter via www.wodongaplaza.com.au for regular updates.

M/GROUP HITS NEW HEIGHTS WITH BEELIAR ACQUISITION

M / Group

27 June 2018

M/Group has confirmed the acquisition of an elevated 11.8-hectare residential development site in the Perth suburb of Beeliar. The acquisition is a result a successful capital raising venture of $13.85m; adding to a long list of investment funds issued by the company that have oversubscribed within weeks and taking the Group’s total capital raise to over $70million in just 12-months.

The Beeliar site is the vertical property Group’s second land estate project, having only entered into the land development sector in late 2017. The site has received Local Structure Plan approval for the development of 171 residential lots with integrated parkland and the preservation of a number of established Tuart Trees throughout the site.

M/Group Managing Director, Mr Lloyd Clark, said the Beeliar land acquisition is a significant leap in terms of value proposition from the company’s initial land venture in Secret Harbour, but is well-aligned to the organisation’s strategic interests.

“M/Group continues to generate investment interest for the development and delivery of investment fund opportunities that often result in oversubscription. Our portfolio today covers a broad range of built form, income producing asset and now land development, and we have found this approach of providing investment diversity to be highly effective in changing market conditions,” he said.

“A hallmark of M/Group’s ongoing success across all products is the identification and acquisition of strategically located sites. By all accounts, Beeliar is certainly one of these.”

The projected financial return for private equity investors is 70% over a forecast 36-month investment period, with distributions to be paid on the basis of a 27% Internal Rate of Return.

“We are extremely privileged to have a growing staple of investors that share our long-term vision and support each project and what we can deliver.

“Perhaps the key reason we experience such rapid success with our fund releases is our approach. M/Group is not merely about acquiring and selling, we have the capacity and the internal expertise to build value into each investment and will continue to source and secure product that meet our strict criteria.”

From its beginnings as an apartment development company operating in inner city Perth some 16 years ago, M/Group today incorporates an integrated range of inhouse services that include M/Construction, M/Finance and M/Property real estate expertise.

M/Group holds an Australian Financial Services License and currently has $172 million of funds under management.

M/28 by Match – Construction Update – June 2018

M / Construction

26 June 2018

Further to our previous video update, M/Construction can be seen pumping the concrete to Level 1 at M/28 by Match on South Terrace. Along with concrete works, you can see the structure of Level 2 almost complete to the South Terrace side and the installation of pre-cast panels and the suspended slab formwork. For more information about M/28 by Match visit www.m28apartments.com.au.

M/28 by Match – Construction Update – May 2018

M / Construction

11 May 2018

On site works for M/28 by Match on South Terrace, South Fremantle, have been underway since November 2017 and have progressed rapidly with the ground floor structure complete now working on the first floor. In our first video update M/Construction can be seen pouring, screeding and trowelling the in-situ concrete to the suspended slab to the first floor. For more information about M/28 by Match visit www.m28apartments.com.au.

M/25 by Match – Construction Update – May 2018

M / Construction

09 May 2018

In our latest video update for M/25 by Match witness M/Construction completing the Level 2 brick walls on the Walcott St side of the building plus commencement of the Level 2 brickwork pour on the other side. Also being shown is the suspended slabs being poured on Level 2 throughout those sections. Not noticeable in the video is the undercover carpark now under construction with the underground services nearing completion.

MATCH FREMANTLE ENERGY MUSEUM DEVELOPMENT CONTINUES

M / Group

19 April 2018

The completed restoration works by M/Group of the original S.E.C Building and former Western Power’s Energy Museum at the Fremantle Substation site in Parry Street, is another example of how M/Group has worked effectively with the City of Fremantle and State Heritage Council to support the integration of valuable heritage fabric into contemporary urban living.

The property, which sits adjacent to a boutique Match apartment development that overlooks parkland at its rear, has been released for sale under an Expression of Interest (EOI) campaign; opening the door for a range of potential uses.

Mr Lloyd Clark, Managing Director of M/Group, said the apartments on this site are already 35% sold, and the renewed heritage building will be on a separate green title. He said the opportunity to build a business on this site comes with inherent character and is surrounded by an established and new residential community.

“The planned apartment building, M/27 by Match, will be home to 40 boutique apartments and is due to commence construction in late 2018,” he said.

“The opportunity to take ownership of the building certainly opens the door for a ‘Bread in Common’ type food and beverage venue, although could as easily be adapted for boutique office space. The purpose of our work on this site is to, perhaps ironically, create new energy. It is a great opportunity for a potential proprietor in a great location.”

Match, which is part of M/Group, is the company behind the highly celebrated Heirloom by Match heritage renewal and is currently in the construction phase of the M/28 by Match boutique apartments in South Terrace.

The company prides itself on introducing design-focused apartment product that enhances the streetscape and activates living space in strategic locations.

The heritage works on the heritage building, undertaken by M/Group’s building division M/Construction, have included the restoration of existing brickwork, refurbishment of metal window frames and the restoration of existing large timber sliding doors.

The sale of the building is being managed by Knight Frank and more information can be obtained by contacting James Baker on 0418 912 007.

For more information on the limited number of parkside M/27 Apartments by Match, visit m27apartments.com or contact 0432 660 066.

MATCH FREMANTLE ENERGY MUSEUM DEVELOPMENT CONTINUES

M / Group

19 April 2018

The completed restoration works by M/Group of the original S.E.C Building and former Western Power’s Energy Museum at the Fremantle Substation site in Parry Street, is another example of how M/Group has worked effectively with the City of Fremantle and State Heritage Council to support the integration of valuable heritage fabric into contemporary urban living.

The property, which sits adjacent to a boutique Match apartment development that overlooks parkland at its rear, has been released for sale under an Expression of Interest (EOI) campaign; opening the door for a range of potential uses.

Mr Lloyd Clark, Managing Director of M/Group, said the apartments on this site are already 35% sold, and the renewed heritage building will be on a separate green title. He said the opportunity to build a business on this site comes with inherent character and is surrounded by an established and new residential community.

“The planned apartment building, M/27 by Match, will be home to 40 boutique apartments and is due to commence construction in late 2018,” he said.

“The opportunity to take ownership of the building certainly opens the door for a ‘Bread in Common’ type food and beverage venue, although could as easily be adapted for boutique office space. The purpose of our work on this site is to, perhaps ironically, create new energy. It is a great opportunity for a potential proprietor in a great location.”

Match, which is part of M/Group, is the company behind the highly celebrated Heirloom by Match heritage renewal and is currently in the construction phase of the M/28 by Match boutique apartments in South Terrace.

The company prides itself on introducing design-focused apartment product that enhances the streetscape and activates living space in strategic locations.

The heritage works on the heritage building, undertaken by M/Group’s building division M/Construction, have included the restoration of existing brickwork, refurbishment of metal window frames and the restoration of existing large timber sliding doors.

The sale of the building is being managed by Knight Frank and more information can be obtained by contacting James Baker on 0418 912 007.

For more information on the limited number of parkside M/27 Apartments by Match, visit m27apartments.com or contact 0432 660 066.